Latest news with #IndonesiaAsahanAluminium
Gulf Business
17-02-2025
- Business
- Gulf Business
Emirates Global Aluminium to explore clean energy development in Indonesia
Image credit: Wam Emirates Global Aluminium plans to explore alternative clean energy development in Indonesia, Jakarta said, amending a statement denied by the company that EGA planned to build a nuclear power plant in the Southeast Asian country. Indonesia's economic affairs ministry issued a statement late on Saturday, replacing one that had said EGA planned to build a nuclear plant of up to 5 gigawatts in an attempt to remedy a shortage of low-carbon power bedevilling efforts to boost capacity at an aluminium smelter in North Sumatra. An EGA spokesperson said in an email on Thursday that the company 'is not in the nuclear power business so, with all respect, the account of this aspect… is inaccurate'. EGA reiterated it was 'interested in Indonesia'. Indonesia has no nuclear power capacity. The company agreed in 2022 to help expand production capacity by up to 400,000 tons a year at the smelter owned by state-owned Indonesia Asahan Aluminium. Indonesia has been trying to develop its mineral processing industry by attracting investment on the basis of its rich reserves of minerals such as nickel, copper and bauxite. Senior Economic Minister Airlangga Hartarto and EGA CEO Abdulnasser Ibrahim Saif Bin Kalban met in Dubai on Wednesday to discuss development of the aluminium industry. Airlangga, in Dubai to attend the World Government Summit, also met Mohamed Jameel Al Ramahi, the chief executive of UAE state-owned renewable energy firm Masdar. The two discussed their projects in Indonesia, including a 145-megawatt floating solar power plant on a reservoir in the province of West Java and development of a gas pipeline from Aceh to East Java.
Zawya
17-02-2025
- Business
- Zawya
Indonesia says UAE firm to explore clean energy, amending statement on nuclear power
JAKARTA: Emirates Global Aluminium plans to explore alternative clean energy development in Indonesia, Jakarta said, amending a statement denied by the company that EGA planned to build a nuclear power plant in the Southeast Asian country. Indonesia's economic affairs ministry issued a statement late on Saturday, replacing one that had said EGA planned to build a nuclear plant of up to 5 gigawatts in an attempt to remedy a shortage of low-carbon power bedevilling efforts to boost capacity at an aluminium smelter in North Sumatra. An EGA spokesperson said in an email on Thursday that the company "is not in the nuclear power business so, with all respect, the account of this aspect... is inaccurate". EGA reiterated it was "interested in Indonesia". Indonesia has no nuclear power capacity. The company agreed in 2022 to help expand production capacity by up to 400,000 tons a year at the smelter owned by state-owned Indonesia Asahan Aluminium. Indonesia has been trying to develop its mineral processing industry by attracting investment on the basis of its rich reserves of minerals such as nickel, copper and bauxite. Senior Economic Minister Airlangga Hartarto and EGA CEO Abdulnasser Ibrahim Saif Bin Kalban met in Dubai on Wednesday to discuss development of the aluminium industry. Airlangga, in Dubai to attend the World Government Summit, also met Mohamed Jameel Al Ramahi, the chief executive of UAE state-owned renewable energy firm Masdar. The two discussed their projects in Indonesia, including a 145-megawatt floating solar power plant on a reservoir in the province of West Java and development of a gas pipeline from Aceh to East Java. (Reporting by Stefanno Sulaiman; Editing by John Mair, Clarence Fernandez and William Mallard)
Zawya
13-02-2025
- Business
- Zawya
Indonesia says UAE's Emirates Global Aluminium plans nuclear power plant
JAKARTA: UAE firm Emirates Global Aluminium (EGA) plans to build a nuclear power plant with a capacity of up to 5 gigawatts in Indonesia, the Indonesian economic affairs ministry said in a statement issued on Wednesday. The ministry also said high electricity prices and a lack of low-carbon electricity had delayed plans for EGA to help increase the capacity of an aluminium smelter owned by Indonesia Asahan Aluminium in North Sumatra by up to 400,000 tons per year. EGA did not immediately respond to a request for comment regarding the nuclear power plant. The request was submitted outside regular business hours in the UAE. The ministry's statement came after Indonesia's senior economic minister Airlangga Hartarto met with EGA CEO Abdulnasser Ibrahim Saif Bin Kalban in Dubai to discuss aluminium industry development in Indonesia. Airlangga also met with Mohamed Jameel Al Ramahi, the chief executive of UAE state-owned renewable energy firm Masdar, to discuss their projects in Indonesia, including a 145 megawatt floating solar power plant on a reservoir in West Java province and development of gas pipeline from Aceh to East Java. Airlangga was in Dubai to attend the World Government Summit. (Reporting by Stefanno Sulaiman; Editing by John Mair)
